Politically connected individuals took advantage of citizens’ desire for clean, renewable energy and the Liberals wrote contracts with “lucky firms” that bore no relationship to market prices, guaranteed massive private profits and ensured all financial risks stayed with the public. The contracts in British Columbia last as long as sixty years and allow prices that are as much as 5x market value. In addition, the contracts have annual inflation escalators, a privilege allowed no other commercial segment. All taxpayers get is more power to sell at a loss.
Important people perverted British Columbia’s judicial system so that wrongdoing in the privatization of BC Rail assets was hidden and remains in that state even today. These people included politicians, high ranking civil servants, RCMP officers and senior members of the BC Supreme Court. Their actions were facilitated by journalists employed by corporate media…
BC residents who read comments here and like places in social media will be familiar with the very articulate Lew Edwardson (@valtamtech on Twitter). Lew has had a particular interest in general matters of public integrity and in particular, the mouldering case of BC Rail. Lew has tried to interest corporate media members in examining facts he’s assembled but they’ve ignored this scandal for years and are determined to continue in states of purposeful ignorance. I invited Lew to make a contribution here. It follows
Paul Willcocks at Paying Attention wrote The business groups baffling attack on the anti-HST petitions. Paul wondered if it had been a hoax since the action seemed so improbable. Of course, anyone […]
An earlier post “Power from the powerful” listed the following political insiders and their connections to private power production. Geoff Plant, former BC Liberal Attorney General, now chair of Renaissance Power. Mark […]